AGEA Review and Tutorial 2021

AGEA is a multi-resource dealer offering the Streamster, AGEA. Trade and MetaTrader 4 web-based exchanging stages. This survey will cover account types, versatile applications, advancements, and the sky is the limit from there. See if you should pursue an AGEA account today.

AGEA Company Overview

Since 2005 and situated in Montenegro, AGEA International AD is a trade-recorded venture organization, directed by the Commission for Capital Markets, earlier the Securities and Exchange Commission of Montenegro. 

The organization is recorded as a public organization on the Montenegro Stock Exchange and directed in the EU under MiFID.

Trading Platforms

Streamster

AGEA suggests its restrictive stage, Streamster, for every new dealer, as it is simple to utilize and highlight rich. The set is accessible in seven monetary forms and has its API for algorithmic exchanging. Different elements include:

• Customizable charting tools & technical indicators
• No commissions or margin interest
• International chat channel
• Integrated account center
• Up to 100 open positions
• Built-in trading support

Streamster is accessible to download on Windows and Mac PCs.

MetaTrader 4

AGEA suggests MetaTrader 4 (MT4) for experienced brokers and those happy with coding. Accessible in four monetary standards, MT4 utilizes its programming language (MQL4) with cutting edge highlights including:

• Automated trading programs (Expert Advisors)
• Balance limits depending on the account type
• Charting tools and built-in custom indicators
• Up to 200 open positions
• No volume limits
• No commissions

MetaTrader 4 is accessible to download on Windows and Mac PCs. 

AGEA likewise works their exclusive stage, AGEA.Trade.

Markets

AGEA clients approach a scope of resources:

• Currencies – Trade on close to 20 major, minor, and exotic currency pairs, including EUR/USD, AUD/USD, and EUR/GBP
• Index CFDs – Trade a handful of CFDs on the CAC 40, DAX, FTSE 100, NASDAQ 100, Dow Jones, and S&P 500
• Funds – Trade funds in various global markets, including China, Brazil, India, Japan, the US, and Russia
• Commodities – Trade gold, silver, and crude oil in both spot and futures markets
• Cryptocurrencies – Trade Bitcoin, Ethereum, and Ripple

Spreads & Fees

Spreads at AGEA are around 0.6 pips on significant forex sets, like EUR/USD. On CFD files like the FTSE 100, spreads start at 0.7 focuses, and on gold and silver, spreads from 0.3 pips are accessible. In general, spreads are tight, and there aren’t any commissions to factor in. 

Different expenses to know about incorporate a $20 latency charge charged to accounts stagnant for more than a year, just as overnight trade rates on the MT4 stage.

Leverage

Influence on the Streamster stage is accessible somewhere in the range of 1:10 and 1:100, while on MetaTrader, the impact is offered at 1:1 to 1:100 (at first 1:100). Albeit not the most elevated influence rates accessible, there is sufficient to exploit market openings. 

Subtleties of the edge call cycle can be found on the representative’s site.

Mobile Apps

AGEA offers the AGEA. Trade and MetaTrader 4 portable applications for individuals who wish to exchange in a hurry. On iPhone gadgets, the AGEA.Trade web dealer is available through your cell phone internet browser, while on Android gadgets, an application download from the Google Play or Huawei Store is required. 

The MetaTrader 4 portable application for iPhone and Android gadgets can be downloaded from the Apple App Store or Google Play. MT4 versatile application clients partake in generally similar elements as the work area stage.

Note, the Streamster stage is presently not accessible on portable.

Payment Methods

Deposits

AGEA offers various subsidizing alternatives inside the Account Center. Installment strategies incorporate nearby bank and wire moves, credit and check cards, in addition to e-wallets, Fasapay, Union Pay, and RBK Money. See the dealer’s Payment Options page for a rundown of strategies accessible in your locale. 

The base store with all strategies is $1, making it an open specialist for new merchants. AGEA doesn’t charge for stores. However, there might be outer handling expenses.

Withdrawals

Overall similar techniques can make withdrawals as stores. AGEA charges a $7 withdrawal expense on the immediate withdrawal made through non-wire choices and a $10 charge on the bank wire transfer. Extra handling expenses can be found on the intermediary’s site. 

For security reasons, the withdrawal interaction is rarely mechanized. Automatic money withdrawals require 6-24 hours to measure. Wire move withdrawals take 2-7 workdays.

Demo Account

AGEA’s demo account accompanies $10,000 in virtual capital. Admittance to the demo record will be accessible however long dealers need it, and if reserves fall underneath $2,000, clients might demand more. The demo account is a magnificent method to have a go at exchanging under similar conditions as a live record.

Deals & Promotions

AGEA offers a $5 no-store reward for every single new client. Just register for another exchanging account, and the assets will be naturally added to your record. Check the dealer’s site for data on impending arrangements and advancements.

Regulator

AGEA International AD is a directed and trade-recorded venture organization, holding a permit with the Commission for Capital Markets, in the past the Securities and Exchange Commission of Montenegro. 

The legitimate structure that manages venture organizations in the Republic of Montenegro depends on the Markets in Financial Instruments Directive (MiFID). Customer reserves held with the gathering are kept up within independent financial balances at nearby and worldwide banks, following significant laws and guidelines.

Additional Features

AGEA offers an assortment of instructive assets and guides, including:

• Introduction to Markets – information on buying and selling, orders and positions, plus calculating profit
• Trading Techniques – includes guidelines on technical and fundamental analysis, plus controlling risk
• Specifics & Facts – information on trading terminology, margin requirements, and overnight interest
• FAQs – frequently asked questions both on AGEA in general and on trading

Account Types

AGEA customers can pick between the Cent account and the Standard record. The Cent account is focused on fledglings with a $6 most minor store and a $5,000 most extreme surplus, while the Standard history has a $100 most minor store and no upper equilibrium limit. The two records accompany influence up to 1:100 and a base part size of 0.01. 

Note that before the MT4 stage can be utilized with one of the above account alternatives, customers should open a Streamster account. This requires only a $1 most minor store and has no most extreme equilibrium limit. Influence is set to 1:100 and accompanies a 1 part most petite exchange size.

Upon demand, an Islamic record is likewise accessible on both the Streamster and MT4 stages.

Benefits

Benefits of exchanging with AGEA include:

• Choice of trading platforms, including MetaTrader 4
• Demo account with $10,000 virtual cash
• Broker chat support within Streamster
• Decent education & trading tools
• Straightforward login
• No commission fees

Drawbacks

Disservices of utilizing AGEA include:

• Stocks trading not offered
• Swap fees on MT4
• Withdrawal fees
• Inactivity fee

Trading Hours

Exchanging hours on both the Streamster and MT4 stages are Sunday 22:15 to Friday 21:00 GMT. Virtual exchanging is open consistently. Other market plans (GMT) are as per the following:

• Japan – 00:00 opening
• Singapore & Hong Kong – 02:00 opening
• European – 07:00 space in Frankfurt, 08:00 opening in London
• New York – 13:00 opening (NYSE opens at 14:00)
• European – 17:00 closing
• Australian – 23:00 opening

Customer Support

AGEA’s 24/5 client assistance group can be reached through:

• Online contact form – for general inquiries
• Account Centre support team – for technical issues within the platforms
• Live chat – live chat logo located in the bottom right-hand corner of the website

While AGEA doesn’t offer client assistance over email or through a phone contact number, their live talk administration is quick and dependable. 

Stay up with the latest with the most recent news on AGEA’s web-based media pages:

• Twitter 
• Instagram 
• Facebook 
• YouTube 
• LinkedIn

The AGEA International AD head office is at Business City, Arsenija Boljevića 2A, Podgorica, 81000, Montenegro.

Trader Security

MT4 scrambles all information traded between the customer terminal and stage. Streamster likewise utilizes industry-standard 128-bit SSL (Secure Sockets Layer) encryption. The merchant offers secure store and withdrawal alternatives to customers.

AGEA Verdict

AGEA is accomplished and reliable forex and CFD agent, offering the exclusive Streamster exchanging stage, notwithstanding the legitimate MT4 programming. With low least stores and expenses, in addition to suitable exchanging devices, AGEA is a solid competitor, especially for fledglings.

Accepted Countries

AGEA accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, and most other countries.

Traders can not use AGEA from United States, Korea, Syria.

Alternatives to AGEA

In case you are searching for options in contrast to AGEA, we have accumulated a rundown of the best 5 agents like AGEA beneath. This rundown of specialists like AGEA is arranged by likeness and incorporates organizations that acknowledge merchants from your area.

1. FXOpen – FXOpen is a profoundly directed FX, and CFD agent was offering different exchanging stages. 
2. OctaFX – OctaFX offers multi-resource exchanging on a scope of stages and portable arrangements. 
3. RoboForex – RoboForex is a multi-resource online specialist offering incredible exchanging assistants. 
4. FP Markets – FP Markets is a multi-resource specialist offering a decision of exchanging stages. 
5. Fortrade – Fortrade is a multi-resource dealer offering a detailed live record with cutting-edge apparatuses.

FAQ

What trading platforms does AGEA offer?

AGEA offers two downloadable stages, the merchant’s own Streamster and the general respected MT4 framework. The two choices are easy to use, accompanied by many diagrams, markers, and investigation instruments.

Does AGEA offer a demo account?

Every client gets $10,000 of virtual cash with AGEA’s demo account. Upon demand, the training record can be kept open until merchants can utilize genuine money exchanging charges.

What leverage does AGEA offer?

Influence is offered between 1:10 – 1:100 on the Streamster stage and 1:1 – 1:100 on the MT4 stage. While exchanging power can build returns, and it can likewise expand hazard openness.

How quickly are AGEA withdrawals processed?

Assets usually take somewhere in the range of 6 and 24 hours to clear. Wire move withdrawals take 2-7 workdays. For security reasons, leaves are prepared physically by the AGEA group.

Can I open two AGEA accounts?

AGEA has a one-individual one-record strategy, although your lord record can contain a few sub-accounts hung on the various stages advertised.